Enerkem recently announced that it raised $116 million in financing and started methanol production at its 10 MGY Alberta Biofuels plant in Edmonton, Canada. The $116 million composed of $22 million from Integrated Asset Management Corporation's Private Debt Group, $38 million from previous inves...
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News Commentary | February 12, 2021
While British Airways has not formally pulled out of Velocys' MSW‑to‑SAF project in the U.K., the airline is seeking another potential source for sustainable aviation fuel (SAF) through an investment and off‑take agreement with LanzaTech's planned U.S. commercial facility. This is another promising ... Not part of subscription
News Commentary | April 30, 2021
Lux has consistently pegged renewable diesel as the winning advanced biofuel over the years – in 2013, 2016, and 2019. While others have opted to retrofit existing refinery assets to become producers of renewable diesel, ExxonMobil will enter the space through a supply agreement instead. Doubling ... Not part of subscription
News Commentary | September 23, 2021
The joint multimillion‑dollar investment from United Airlines and Honeywell is expected to accelerate the scale‑up of Alder's sustainable aviation fuel (SAF) technology, eyeing commercialization by 2025. Alder did not disclose further details about its technology other than the capability to produce... Not part of subscription